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MoEVing raises $2.5 mn from JSW Ventures

MoEVing raises $2.5 mn from JSW Ventures Commercial electric mobility tech platform MoEVing announced that it raised $2.5 million from JSW Ventures. The investment by JSW Ventures is their first one in the Electric Vehicles (EV) space. MoEVing’s current fund raise takes its entire funding to US$ 10 million. “The funds raised by the Company will be primarily used to further strengthen its electric mobility platform for driver partners across...

ABB India inaugurates its first smart instrumentation factory in Bangalore

ABB India inaugurates its first smart instrumentation factory in Bangalore ABB Measurement & Analytics recently opened its first smart instrumentation factory in Bangalore. The factory is equipped with state-of-the-art manufacturing technology to meet the growing demand for instrumentation devices that enables more efficient and sustainable customer operations. The new plant will manufacture field devices such as pressure and temperature transmitters, IP convertors and electromagnetic flowmeters for a wide variety of industries,...

EnVision, India’s first energy festival, to take place on 3 – 5 Nov in Chennai

EnVision, India’s first energy festival, to take place on 3 - 5 Nov in Chennai India Energy Storage Alliance (IESA), India’s leading industry alliance focused on accelerating adoption of energy storage, e-mobility, green hydrogen & microgrids in India in partnership with IIT Madras Research Park (IITMRP) are organizing “EnVision”, India’s First Energy Festival from November 3rd – 5th at IITMRP, Chennai. The event will be inaugurated by Dr. N Kalaiselvi (Director...

Light + LED Expo India to be held at New Delhi from 3 – 5 Nov

Light + LED Expo India to be held at New Delhi from 3 – 5 Nov Light + LED Expo India is priming for its highly-anticipated opening on 3 November in New Delhi. The trade fair will display over 1000 lighting products and technologies, including a strong line-up of ‘Make in India’ products – the organisers confirmed, during Diwali. Light + LED Expo India is all geared up for its grand...

HP launches new solutions to help Print Service Providers improve margins

HP launches new solutions to help Print Service Providers improve margins HP recently announced new solutions to help Print Service Providers (PSPs) meet high levels of demand, optimise work processes and grow their businesses by delivering innovative applications. “To reach higher margins, PSPs are always on the hunt for efficiency gains, and technology that allows them to say yes to more jobs with the confidence to deliver exceptional results,” said Daniel...

Tata Steel, Ford ink MOU for Zeremis green steel supply

Tata Steel, Ford ink MOU for Zeremis green steel supply Tata Steel Nederland has signed a memorandum of understanding with Ford in Europe to supply the carmaker with Zeremis green steel once the IJmuiden steelworks switches to green hydrogen-based steelmaking. Securing future supply of more environmentally-friendly produced steel is essential to enable Ford to reach its 2035 carbon neutrality target. The agreement makes Ford the first customer committed to offtake...

Dassault inks MoU with Verkor for EV Battery Manufacturing

Dassault inks MoU with Verkor for EV Battery Manufacturing Dassault Systèmes announced it has signed a Memorandum of Understanding (MoU) with Verkor, an expert in electric vehicle and stationary batteries, to accelerate the development of next-generation lithium-ion batteries and the first gigafactory that will produce them.  Together, the two companies aim to nurture a European battery ecosystem that supports Europe’s efforts to achieve climate neutrality by 2050. Under the MoU, the...

IIT Roorkee develops cancer detector and transfers its technology to Tata Steel

IIT Roorkee develops cancer detector and transfers its technology to Tata Steel A team of researchers at IIT Roorkee has developed a simple, easy-to-use breath-based detector (BLO Detector) for early detection of breast, lung, and oral cancer. The research team includes Prof. Indranil Lahiri, Prof. Partha Roy and Prof. Debrupa Lahiri. The device, which works on the principles of colorimetry, can detect the presence of breast, lung and oral cancer. BLO...

MICL Group constructs largest auditorium in Mumbai’s western suburb

MICL Group constructs largest auditorium in Mumbai’s western suburb The Bharat Ratna Gaansamragni Lata Mangeshkar Natyagrah, constructed by MICL Group, has been inaugurated by Maharashtra Chief Minister Eknath Shinde on October 11. Commenting on the auspicious occasion, Manan Shah, Managing Director of MICL Group, said, “This architectural edifice serves as a testament to our 50-plus years of legacy in construction and a decade-long experience in the real estate development sector coupled...

India’s EV Charger market to grow at CAGR of 46.5%: IESA report

India’s EV Charger market to grow at CAGR of 46.5%: IESA report Indian EV charger market would expand at a CAGR of 46.5% between 2022 and 2030, said a report published by India Energy Storage Alliance (IESA), India’s leading industry alliance on energy storage, e-mobility, and green hydrogen. The 3rd annual edition of the “2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview Report” examines the current market trend...

Hitachi Energy to supply transformers for India’s largest renewable energy park in Gujarat

Hitachi Energy to supply transformers for India’s largest renewable energy park in Gujarat Hitachi Energy India Limited (Hitachi Energy) has been awarded a contract by NTPC Renewable Energy Limited (NTPC REL) to supply power transformers for their upcoming 4.75 GW renewable energy park in Gujarat, which is part of India’s largest solar park. Spread over 72,600 hectares in Kutch, this solar park supports the country’s efforts towards carbon-neutral future with...

Schneider Electric Makes eConversion the Default Mode for its Galaxy V-Series UPSs

Schneider Electric Makes eConversion the Default Mode for its Galaxy V-Series UPSs Schneider Electric announced an enhanced version of eConversion (formerly known as ECOnversion), the company’s generally-recommended protection mode to provide increased sustainability for its Galaxy V Series 3-phase UPSs. After years of field tests, effective May 31, 2022, all Galaxy V Series UPSs will be shipped to customers with eConversion as the default. With cost of ownership and sustainability as...

Danfoss plans to acquire German compressor manufacturer BOCK

Danfoss plans to acquire German compressor manufacturer BOCK Danfoss has announced the intent to acquire compressor manufacturer BOCK GmbH, headquartered in Frickenhausen, Baden-Württemberg, Germany, from NORD Holding GmbH. With over 50 years of history and assets under management of € 2.5 billion, NORD Holding is one of the leading private equity asset management companies in Germany. Developing compressors for the natural refrigerant CO2 since 1993, BOCK is a global technology leader...

VDMA conducts 11th Mechanical Engineering Summit at Pune

VDMA conducts 11th Mechanical Engineering Summit at Pune The 11th VDMA Mechanical Engineering Summit – the annual flagship event of VDMA India was held on the 16th of September at Pune. Over 320 participants from 21 cities of India and Germany attended this event. Present at the occasion, Rajesh Nath, Managing Director of VDMA India spoke about the Ukraine-Russia Conflict and how it has affected Global Supply chains and created major...

WEISS expands expertise and availability in India

WEISS expands expertise and availability in India Only two years after WEISS opened its campus in Pune, the specialist for rotary indexing tables, linear transfer systems and handling solutions has expanded its on-site expertise with a solution factory, localized the assembly of its rotary indexing tables and established a global sourcing center. In 2020, a year determined by the Corona pandemic, WEISS GmbH from Buchen, Germany, took an important step and...
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